Transportadora Gross Profit vs Total Operating Expenses Analysis

TGS Stock  USD 19.20  0.70  3.78%   
Transportadora financial indicator trend analysis is much more than just breaking down Transportadora de Gas prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Transportadora de Gas is a good investment. Please check the relationship between Transportadora Gross Profit and its Total Operating Expenses accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Transportadora de Gas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

Gross Profit vs Total Operating Expenses

Gross Profit vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Transportadora de Gas Gross Profit account and Total Operating Expenses. At this time, the significance of the direction appears to have totally related.
The correlation between Transportadora's Gross Profit and Total Operating Expenses is 1.0. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Transportadora de Gas, assuming nothing else is changed. The correlation between historical values of Transportadora's Gross Profit and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Transportadora de Gas are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Gross Profit i.e., Transportadora's Gross Profit and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Transportadora de Gas minus its cost of goods sold. It is profit before Transportadora operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from Transportadora's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Transportadora de Gas current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Transportadora de Gas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
At this time, Transportadora's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 17 B in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.02 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense4.5B6.8B24.6B25.9B
Depreciation And Amortization18.9B23.5B166.5B174.8B

Transportadora fundamental ratios Correlations

1.00.961.01.01.01.00.691.00.291.0-0.020.991.0-0.931.00.990.080.971.01.01.00.990.71-0.021.0
1.00.961.01.01.01.00.661.00.291.0-0.021.00.99-0.921.00.990.030.981.01.01.00.990.69-0.061.0
0.960.960.960.960.960.950.740.960.350.96-0.040.940.96-0.950.960.940.030.910.960.960.950.930.780.060.95
1.01.00.960.990.991.00.661.00.30.99-0.021.00.99-0.921.00.990.00.981.00.991.00.990.68-0.081.0
1.01.00.960.991.01.00.711.00.281.0-0.020.991.0-0.931.00.980.110.961.01.00.990.980.710.011.0
1.01.00.960.991.01.00.711.00.291.0-0.020.991.0-0.941.00.980.10.961.01.00.990.980.720.011.0
1.01.00.951.01.01.00.651.00.271.0-0.021.00.99-0.921.00.990.030.981.01.01.00.990.68-0.061.0
0.690.660.740.660.710.710.650.690.470.71-0.070.620.74-0.830.670.580.60.520.670.710.650.580.860.650.67
1.01.00.961.01.01.01.00.690.311.0-0.030.991.0-0.931.00.990.060.971.01.01.00.990.7-0.031.0
0.290.290.350.30.280.290.270.470.310.28-0.110.290.31-0.460.290.26-0.040.240.290.270.290.260.540.170.27
1.01.00.960.991.01.01.00.711.00.28-0.020.991.0-0.941.00.980.10.961.01.00.990.980.720.011.0
-0.02-0.02-0.04-0.02-0.02-0.02-0.02-0.07-0.03-0.11-0.02-0.01-0.030.05-0.02-0.01-0.020.0-0.02-0.02-0.02-0.01-0.07-0.06-0.02
0.991.00.941.00.990.991.00.620.990.290.99-0.010.98-0.891.01.0-0.020.991.00.991.01.00.64-0.131.0
1.00.990.960.991.01.00.990.741.00.311.0-0.030.98-0.950.990.970.130.950.991.00.990.970.750.060.99
-0.93-0.92-0.95-0.92-0.93-0.94-0.92-0.83-0.93-0.46-0.940.05-0.89-0.95-0.93-0.88-0.17-0.84-0.93-0.93-0.91-0.88-0.91-0.24-0.92
1.01.00.961.01.01.01.00.671.00.291.0-0.021.00.99-0.930.990.040.981.01.01.00.990.7-0.051.0
0.990.990.940.990.980.980.990.580.990.260.98-0.011.00.97-0.880.99-0.061.00.990.981.01.00.61-0.170.99
0.080.030.030.00.110.10.030.60.06-0.040.1-0.02-0.020.13-0.170.04-0.06-0.120.040.110.02-0.060.330.850.05
0.970.980.910.980.960.960.980.520.970.240.960.00.990.95-0.840.981.0-0.120.980.970.991.00.55-0.250.98
1.01.00.961.01.01.01.00.671.00.291.0-0.021.00.99-0.931.00.990.040.981.01.00.990.7-0.051.0
1.01.00.960.991.01.01.00.711.00.271.0-0.020.991.0-0.931.00.980.110.971.00.990.980.70.01.0
1.01.00.951.00.990.991.00.651.00.290.99-0.021.00.99-0.911.01.00.020.991.00.991.00.66-0.091.0
0.990.990.930.990.980.980.990.580.990.260.98-0.011.00.97-0.880.991.0-0.061.00.990.981.00.61-0.180.99
0.710.690.780.680.710.720.680.860.70.540.72-0.070.640.75-0.910.70.610.330.550.70.70.660.610.550.69
-0.02-0.060.06-0.080.010.01-0.060.65-0.030.170.01-0.06-0.130.06-0.24-0.05-0.170.85-0.25-0.050.0-0.09-0.180.55-0.05
1.01.00.951.01.01.01.00.671.00.271.0-0.021.00.99-0.921.00.990.050.981.01.01.00.990.69-0.05
Click cells to compare fundamentals

Transportadora Account Relationship Matchups

Transportadora fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets95.6B128.6B208.2B412.1B1.5T1.6T
Short Long Term Debt Total33.6B43.9B52.6B94.6B467.3B490.7B
Other Current Liab1.9B4.1B12.5B5.7B24.0B25.2B
Total Current Liabilities8.0B8.1B20.3B21.2B126.5B132.8B
Total Stockholder Equity48.1B66.0B120.6B267.2B855.6B898.4B
Property Plant And Equipment Net74.6B98.9B150.2B294.5B992.8B1.0T
Net Debt23.8B39.2B48.2B91.6B460.7B483.8B
Retained Earnings13.6B3.3B20.9B32.3B23.5B24.7B
Accounts Payable4.1B2.8B6.1B10.5B41.7B43.8B
Cash9.8B4.7B4.4B3.0B6.6B6.9B
Non Current Assets Total74.7B112.8B172.7B334.8B1.1T1.2T
Non Currrent Assets Other9.0M9.6M8.9M14.9M21.5M20.4M
Cash And Short Term Investments10.8B6.8B17.7B42.3B329.4B345.9B
Net Receivables8.3B7.0B13.2B23.3B65.7B69.0B
Common Stock Shares Outstanding157.7M155.2M152.5M150.6M135.5M129.9M
Liabilities And Stockholders Equity95.6B128.6B208.2B412.1B1.5T1.6T
Non Current Liabilities Total39.6B54.5B67.3B123.7B560.3B588.4B
Inventory307.6M571.5M1.2B1.8B29.2B30.7B
Other Current Assets1.5B1.4B3.4B72.4B795.0M755.3M
Other Stockholder Equity(1.5B)(4.8B)(7.2B)(8.1B)313.2B328.9B
Total Liab47.5B62.6B87.6B144.9B686.8B721.2B
Property Plant And Equipment Gross80.0B98.9B315.0B633.3B2.1T2.2T
Total Current Assets20.9B15.8B35.5B77.3B425.2B446.4B
Accumulated Other Comprehensive Income7.6B30.5B51.0B134.1B518.1B544.0B
Short Term Debt1.7B936.8M1.2B3.9B56.3B59.1B
Common Stock28.3B37.0B55.9B108.9B752.7M715.0M
Current Deferred Revenue219.8M318.0M502.4M1.0B4.5B4.7B
Other Assets80.1B35M32M27.4M1.00.95
Long Term Debt32.0B40.5B49.0B87.6B400.2B420.2B
Short Term Investments1.0B2.1B13.3B39.3B322.8B339.0B
Property Plant Equipment74.6B98.9B150.2B294.5B338.7B355.6B
Other Liab5.7B7.7B11.5B15.9B18.3B19.2B
Net Tangible Assets47.6B48.1B66.0B120.6B138.7B145.6B
Long Term Investments84.1M13.9B22.5B40.3B107.6B113.0B
Short Long Term Debt1.4B456.7M551.9M1.3B4.3B4.5B
Long Term Debt Total34.2B58.8B51.4B90.7B104.3B109.5B
Capital Lease Obligations2.4B2.9B3.0B4.3B17.2B18.1B
Treasury Stock(1.7B)(1.2B)(2.7B)(4.1B)(3.7B)(3.5B)

Currently Active Assets on Macroaxis

When determining whether Transportadora de Gas is a strong investment it is important to analyze Transportadora's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Transportadora's future performance. For an informed investment choice regarding Transportadora Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Transportadora de Gas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the Transportadora de Gas information on this page should be used as a complementary analysis to other Transportadora's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the CEOs Directory module to screen CEOs from public companies around the world.

Complementary Tools for Transportadora Stock analysis

When running Transportadora's price analysis, check to measure Transportadora's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Transportadora is operating at the current time. Most of Transportadora's value examination focuses on studying past and present price action to predict the probability of Transportadora's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Transportadora's price. Additionally, you may evaluate how the addition of Transportadora to your portfolios can decrease your overall portfolio volatility.
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Fundamental Analysis
View fundamental data based on most recent published financial statements
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Is Transportadora's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Transportadora. If investors know Transportadora will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Transportadora listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.57)
Earnings Share
0.18
Revenue Per Share
K
Quarterly Revenue Growth
(0.13)
Return On Assets
0.0521
The market value of Transportadora de Gas is measured differently than its book value, which is the value of Transportadora that is recorded on the company's balance sheet. Investors also form their own opinion of Transportadora's value that differs from its market value or its book value, called intrinsic value, which is Transportadora's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Transportadora's market value can be influenced by many factors that don't directly affect Transportadora's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Transportadora's value and its price as these two are different measures arrived at by different means. Investors typically determine if Transportadora is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Transportadora's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.